buy limit order

Definition

An order to a broker to buy a specified quantity of a security at or below a specified price (called the limit price).

Use buy limit order in a sentence

They had a buy limit order and we all had to work with them to get it filled, or we would find ourselves in trouble.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

The client was concerned about his broker's optimistic trading strategy, so he told him to put in a buy limit order so he capitalize on the market going down for his next purchase.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

After watching the stock price of the company rise and fall for several months, the investor decided to ask his broker to implement a buy limit order on his account to ensure that his shares were bought at a time when the price per share reached its lowest point.

​ Was this Helpful? YES  NO 25 out of 25 people found this helpful.

Show more usage examples...

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
either-or order away from the market